Opinion – Friday 24 February 2017

More focus on the US economy and the US Dollar yesterday in the wake of a spate of interviews given by now-confirmed US Treasury Secretary Steve Mnuchin. He gave his first interview with the Wall Street Journal om Wednesday and followed that up yesterday with two more...

Opinion – Thursday 23 February 2017

It is a rather odd world scene right now. Geopolitical factors abound across the globe, with markets again focusing on European politics again, but despite all this and the uncertain shape of US growth, tax and trade policies, the global economy has started the year...

Opinion – Wednesday 22 February 2017

Strong European data failed to excite markets – the exception being equities – as the upcoming French Presidential elections take centre stage. Betting markets now ascribe Eurosceptic Le Pen a 34.2% chance of winning, while a poll by Elable for L’Express Magazine...

Opinion – Tuesday 21 February 2017

With the US out celebrating President’s day, Europe was always going to be the focus in yesterday’s trading session. European stocks ended the day marginally higher following the positive lead from Asia. Losses from Uniliver (-5%) after Kraft Heinz withdrew its...

Opinion – Monday 20 February 2017

Just over a week ago, President Trump promised a ‘phenomenal’ tax announcement in 2-3 weeks, so as the clock ticks down to some form of announcement, market inertia is set to reign. Certainly that was the impression conveyed by Friday’s offshore markets, though...

Opinion – Friday 17 February 2017

US Stock markets closed mixed to lower yesterday as investors decided to take a breather, after five straight trading sessions of the S&P 500 setting new all-time highs. The S&P closed -0.09% while the Dow again closed higher with a 0.04% gain. with bond...